This is exactly what life under communism is like.
This sanctimonious yet ignorant, idiotic pronouncement sounds like another type of thing that this sanctimonious yet ignorant type of idiot would say: bOtH pArTiEs ArE tHe SaMe LoL aMiRiTe.
this post was submitted on 23 Apr 2025
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in communist shares, you pay dividends.
Those damn commies have struck again!! 🫵
Communism would be that everyone only owns one share of the stock and you can't sell or trade in anyway but they do get dividends.
But across the entire market and not just public companies, all of them.
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If you're still using Robinhood after the shit they pulled years ago you're a goober
That’s alright. This screenshot was from 2021
Quite literally* is* the shit that happened years ago
If you describe communism to these morons without ever saying “communism” then they salivate over what you have just described to them
A system where there is no central authority and everyone has an equal share of both responsibility and power? Somehow I don't think they'd find that particularly enthralling.
That's anarchism, communism can have a central authority, it's just the resources are distributed equitably.
Thats socialism, which is meant to lead eventually to communism. The end goal is to have no state.
If my understanding is correct, that is.
yeah, Lenin even stated this was the end-goal.
I don't think it's possible for a state to give up power.
it's one of those things a lot of thought's been put into and commies themselves argue about. i feel it's great to conceptualize (and with it the differing definitions of "the state" as well) but i'm not a scholar anyway, this ain't the place, and it's moot since socialism needs to be achieved first anyway, after we beat this whole fascism thing. no point in worrying to much about it eh?
To be fair 🤓 since it's mostly theoretical, any definition of communism is going to be in flux as it has not achieved a shelf-stable real life application yet.
It's shelf stable in the same way as a clay pigeon.
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I still don't understand why people are so obsessed with gamestop.
it killed all the good game stores.
its exploitative
it doesnt pay shit for trade ins.. especially when you consider what they sell the resultant game for.
and it treats employees like shit.
I genuinely cant understand why stockbros are so fucking obsessed with artificially pumping this shit up with their obsessive memeing for literally years, nor do I understand how it hasnt been investigated as a blatant stock manipulation.
PS: I love how everytime capitalism does something horrible, right wingers come in and are all like "thats like living under communism/socialism/whateverism", completely seriously.
I genuinely cant understand why stockbros are so fucking obsessed with artificially pumping this shit up with their obsessive memeing
It was actually a bit of legit class warfare. The institutional investors and billionaires were shorting GME so much that they were overexposed, and when u/DeepFuckingValue on Reddit spotted and shared it tons of regular middle-class retail investors all piled in to collectively fuck over the billionaires by pumping the price knowing that the short positions would still have to be filled. Probably some billionaires made money too, but for the most part is was a "regular folk vs Wall Street" affair.
nor do I understand how it hasnt been investigated as a blatant stock manipulation.
They literally hauled u/DeepFuckingValue up in front of a Congressional Inquiry for pointing out on Reddit that a stock was oversubscribed, which is more than they've done for the many questionable insider stock purchases made by politicians and their families in recent years. Indeed, that's a big part of why the story won't go away, because it very publicly proved that the rules only apply if you're not connected.
Indeed, that’s a big part of why the story won’t go away, because it very publicly proved that the rules only apply if you’re not connected.
That’s the big point there. Idk if it was really the “little guys” who benefited - mostly people who had the money to invest. But it proved how fucking arbitrary and stupid and meaningless the stock market is.
We’re told that rich people earned their money through hard work - the guy I knew who put his money on GME for the lols and made bank earned more money by doing nothing than I made working 60+ hours a week as a teacher.
Idk if it was really the “little guys” who benefited - mostly people who had the money to invest.
Someone with $50k spare to play the markets has $50,000 more than someone living paycheck-to-paycheck, and $999,950,000 less than a billionaire. The "little guys" in this story are the ones who don't have "buy a politician" money.
I realize that first $50k is super important to your day-to-day life and conquering that second tier of Maslow's hierarchy and all, but in class war terms if you start drawing the lines at someone with a nicer car than you, that's how we end up with Stalinism, which I don't think anyone wants.
It's the only game store in many places, and a social hub for people who see being a "gamer" as a core part of their identity. Many of them are too young to remember a time when other game stores existed.
who the fuck is hanging around a gamestop socially? That sounds like a great way to get caught up between a disgruntled employee and a customer pissed off at being offered 40 cents total for 18 games.
I don't think you understand how much the GameStonk hype is completely divorced from the actual business of GameStop, especially years after the initial short squeeze hype. The people who are still into the stock hype are into some QAnon levels of conspiracy theories and messianic prophecies about the stock. It may as well be a religious cult at this point.
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They think hedge funds are still shorting it, and that if they hold long enough they will default.
Limiting trade like that is market manipulation.
Which is essential to capitalism.
Its not essential ,its just inevitable. Like most of the problems with capitalism, the problem is the inevitability of wealth consolidation that allows the purchase of power that allows further wealth consolidation that allows the purchase of greater power, round and round. Capitalism is an ouroboros, we are just in the stage where its about to finish eating itself.
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It's neither free market nor communism, but it sure is capitalism. It's like a wind up toy about to fall off the edge of a table, we need to free the market again somehow to place it back in the middle of the table
Isn’t this specifically free market though? Robin Hood chose to not offer the service anymore - they aren’t obliged to offer their service?
Iirc, a factor in them doing this was related to the way their model works and the way that prices were fluctuating - that shit could go wrong and bankrupt them.
Like yeah it’s counter to their own marketing, but doesn’t seem counter to the idea of a “free market.”
Free market is as much a myth as stateless communism.
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If you can buy stocks in a business in that nation then they are not communist or even trying to pursue Marxism.
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